Office units at Samsung Hub and The Adelphi on the market for $30 mil

Sammi Lim, founder and executive director of Brilliance Capital, states that the individual strata titles at The Adelphi offer versatility for customers to offer on a piecemeal ground or contract to multiple renters.

The Adelphi is a 999-year leasehold mixed-use development consisting of a five-storey retail platform and a six-storey office block. It is located at the edge of North Bridge Road and Coleman Street, in the heart of the civic district and near to the CBD. The property has ample car parking location of 382 car park lots.

The two adjacent business strata workplace units at The Adelphi are located on top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They provide an event place, an open office, segmented offices, conference rooms, a pantry part, conversation space and storage space. The units have a shared overview rate of $14.4 million, or $2,950 psf. They can be marketed together or separately.

The Samsung Center workplace unit is located on a high storey and holds 3,595 sq ft. The unit will be offered with existing tenancy and is offered on a private treaty basis. The office features a column-free and normal layout. It has a guide rate of $4,350 psf, or around $15.6 million.

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“In the medium to long-term, there may even be probable for a cumulative sale leave. We expect eager interest from owner-occupiers, discerning small companies, exclusive wealth entities, and family office spaces centered on long-term wealth safety,” she includes.

Both real estates are allowed for foreigners to buy without spending added buyer’s and dealer’s stamp duty.

A prime office space unit at Samsung Hub on Church Street and two office units at The Adelphi on Coleman Street have been put up for sale, according to single affiliate marketer Brilliance Capital in a July 3 news release.

Samsung Hub is a 999-year leasehold business development making up 30 storeys. Located inside the CBD, the office is near major financial institutions and business central offices. It additionally has a completely protected way linking it to Raffles Place MRT Interchange Terminal.

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